For IEPF shares recovery, claimants need to fill out a prescribed form, Form IEPF-5 and submit it to the IEPF Nodal Officer or registrar of the Company. The Ministry of Corporate Affairs presented the Investor Education and Protection Fund (IEPF) rules in 2017 under Section 125 of the Companies Act, 2013. This states that any unclaimed dividend for more than seven years, counting from its date of declaration, gets transferred to the IEPF. And those who intend to recover their lost shares need to complete their transmission procedure from the Company. And once it’s filled and goes to the Nodal officer, they verify it and send the report to the IEPF authority, who later issues a receipt of the transfer and sanction letter for the refund to the claimant. After this, the shares are transferred to the claimant. Source: https://infinysolutions.com/guidelines-to-recover-shares-in-iepf/
0 0 Del
infinitysolution infinitysolution
210 visninger

Guidelines to Recover Shares in IEPF

Uploaded 1 år siden

For IEPF shares recovery, claimants need to fill out a prescribed form, Form IEPF-5 and submit it to the IEPF Nodal Officer or registrar of the Company. The Ministry of Corporate Affairs presented the Investor Education and Protection Fund (IEPF) rules in 2017 under Section 125 of the Companies Act, 2013. This states that any unclaimed dividend for more than seven years, counting from its date of declaration, gets transferred to the IEPF. And those who intend to recover their lost shares need to complete their transmission procedure from the Company. And once it’s filled and goes to the Nodal officer, they verify it and send the report to the IEPF authority, who later issues a receipt of the transfer and sanction letter for the refund to the claimant. After this, the shares are transferred to the claimant.

Source: https://infinysolutions.com/guidelines-to-recover-shares-in-iepf/

Tip: Use Image link when sharing on other sites. Image URL has limited bandwidth.
Rediger eller skalere et billede ved at klikke på billedeksemplet
Rediger et billede ved at trykke på billedeksemplet
Uploader 0 billede (0% færdig)
Køen bliver uploadet, det tager kun få sekunder at fuldføre.
Upload gennemført
Uploadet indhold tilføjet til . Du kan opret et nyt album med indholdet lige uploadet.
Uploadet indhold tilføjet til .
Du kan opret et nyt album med indholdet lige uploadet. You must opret en konto or log ind to save this content into your account.
Ingen billede er blevet uploadet
Some errors have occurred and the system couldn't process your request.
    Tilmeld to be able to create private albums and delete images after upload.
    eller annullerAnnullere resterende
    Bemærk: Nogle billeder kunne ikke uploades. se mere
    Check fejl rapporten for mere information.
    JPG PNG BMP GIF WEBP 50 MB
    nulstil luk annuller Annullere resterende